TimStone

🎒🎒🎒 Investment idea: BACKPACK 🎒🎒🎒 backpack.exchange/join/cryptoplay This is going to be abit longer but should serve as a quite important post. In the prior cycles I always made the mistakes to bet on too many different things. In 2017 I had positions in over 100 coins, last cycle still a couple dozen. This cycle I will try to stay below 10. Backpack will be the first strategic small cap I will alocate to for mid/longterm (aka next cycle). Plan is to alocate around 2.5% of the 100% that are dedicated to crypto exposure until end of this year. I currently have only filled around 10% of my target exposure. I will now go abit more into detail why I like Backpack🎒 as an investment and also as an exchange. Backpack by itself is just another albeit new CEX that is build by Solana OGs. Tale has it that FTX wiped 88% of operating capital and Armani Ferrante (founder) decided it's time to build a better FTX. They are trying to be HIGHLY COMPLIANT so have quite extensive KYC upon onboarding. However their support so far has been excellent. In general I think there is alot of space in this market for a compliant exchange with a good customer service and cheap fees. Something like this is currently non existant! To give you an idea their fees are on par with Binance and Bybit. Hypercompliant exchanges like Coinbase or Bitpanda are magnitudes more expensive!!! (see attachments). I see the chance here to get in fairly early - not really ground floor early because their airdrop campaign is already done, but still quite early in the grand scheme of things IF (BIG IF) the thesis plays out. 🥛Also I want to be as transparent as possible: Since it is early it is also very interesting for me as an affiliate because I could really move the needle with signups here because I think alot of people arent even aware something like Backpack exists. Compliance also isnt just a talking point here. VARA (Dubai) + MiCA/MiFID II/PSD2 (all 27 EU states) + Japan JVCEA — a license stack most competitors, including Binance in the EU, currently can't match. There are also quite some points I consider as great to have and sometimes even outright innovative. Most other exchanges dont have those: 1. 💸Collataral earns t-bill rate. You can trade vs your collataral USD while at the same time earning 3%++ on the balance. For higher level VIPs you can earn up to 3% on top so something like 6%++ on USD 2.🏦 free wires in your name. I tested it and cashed out 175usd to my bank in Manila. Do you know how much money arrived? 175usd!!! I think independent on status you get one wire per month free and then dependent on VIP status. You can only send to accounts in your name 3. 🥩staking for Equity: Stake BP to earn the right to exchange your tokens for Backpack equity at IPO, plus lower trading fees, extra USD yield, free wires, and more. Real skin in the game and currently over 60% of tokens are staked. I think this staking for equity is somewhat revolutionary. The team gets nothing unless the company actually IPOs. ZERO allocation to VCs at launch. 4. 🫥attractive valuation: Backpack currently trades under 600m FDV. Binance and Hyperliquid trade at 60B++. Crypto.com around 6b which would be a 10x. While I dont think this is going to flip Binance I still think this illustrates that there is some nice upside potential. 5. 📈REAL stock trading/investing! Not synthetic. Not CFDs. Real shares with dividends and shareholder rights, same legal standing as holding at Schwab or IBKR. You can buy TSLA on a sunday morning and have them transfer it to your IBKR account if you decide to do so. ⚠️Those were the positives. Now to the stuff which isnt great: They still lack proper US licensing and are only present in 11 states. Also lacking licensing in UK, Germany, Australia, or Singapore but I am sure that they are working on it. Coin selection is quite thin compared to something like Binance and the exchange obviously doesn't have a big track record.

@KetchumAsh1041 @yourfriendSOMMI Beggars cant be choosers imo

@TimStone84 @yourfriendSOMMI The real question ist why would he want to eat 5 year old noodles?

❤️💛💚💙 Ethereum has been outperformed by Ramen Noodles. 🟢 Noodles 410% 🔴 Ethereum -60%

@Shill_4_a_Mill what if??!

Was he referring to Pulsechain here?

🎒🎒🎒 Backpack deposit promo:🎒🎒🎒 backpack.exchange/join/cryptoplay After kicking this off yday (see linked post) i hope that I can get some promos going over the coming weeks for signups. This is the first one. Since a picture says more than a 1000 words this will mostly be self explanatory. You deposit X and get instant VIP status for a month. This needs to be applied manually so you would need to make me aware that you want to take advantage of this after you deposited. Main advantages of status are: - lower trading fees - up to 3% extra yield on usd which means that as a VIP5 you currently can earn 6.64% on up to 1m They are also having a credit card in beta which I hope will get some perks via the VIP as well. One last thing: If you want to take advantage of this please make sure that you check beforehand if lending and futures trading is allowed in your location. Would suck if you deposit 200k for this and then basically have nothing to show for. As I said they are tightly regulated which causes some friction in that regard...

@Backpack LFG✌️✌️✌️ @armaniferrante

🎒🎒🎒 Investment idea: BACKPACK 🎒🎒🎒 backpack.exchange/join/cryptoplay This is going to be abit longer but should serve as a quite important post. In the prior cycles I always made the mistakes to bet on too many different things. In 2017 I had positions in over 100 coins, last cycle still a couple dozen. This cycle I will try to stay below 10. Backpack will be the first strategic small cap I will alocate to for mid/longterm (aka next cycle). Plan is to alocate around 2.5% of the 100% that are dedicated to crypto exposure until end of this year. I currently have only filled around 10% of my target exposure. I will now go abit more into detail why I like Backpack🎒 as an investment and also as an exchange. Backpack by itself is just another albeit new CEX that is build by Solana OGs. Tale has it that FTX wiped 88% of operating capital and Armani Ferrante (founder) decided it's time to build a better FTX. They are trying to be HIGHLY COMPLIANT so have quite extensive KYC upon onboarding. However their support so far has been excellent. In general I think there is alot of space in this market for a compliant exchange with a good customer service and cheap fees. Something like this is currently non existant! To give you an idea their fees are on par with Binance and Bybit. Hypercompliant exchanges like Coinbase or Bitpanda are magnitudes more expensive!!! (see attachments). I see the chance here to get in fairly early - not really ground floor early because their airdrop campaign is already done, but still quite early in the grand scheme of things IF (BIG IF) the thesis plays out. 🥛Also I want to be as transparent as possible: Since it is early it is also very interesting for me as an affiliate because I could really move the needle with signups here because I think alot of people arent even aware something like Backpack exists. Compliance also isnt just a talking point here. VARA (Dubai) + MiCA/MiFID II/PSD2 (all 27 EU states) + Japan JVCEA — a license stack most competitors, including Binance in the EU, currently can't match. There are also quite some points I consider as great to have and sometimes even outright innovative. Most other exchanges dont have those: 1. 💸Collataral earns t-bill rate. You can trade vs your collataral USD while at the same time earning 3%++ on the balance. For higher level VIPs you can earn up to 3% on top so something like 6%++ on USD 2.🏦 free wires in your name. I tested it and cashed out 175usd to my bank in Manila. Do you know how much money arrived? 175usd!!! I think independent on status you get one wire per month free and then dependent on VIP status. You can only send to accounts in your name 3. 🥩staking for Equity: Stake BP to earn the right to exchange your tokens for Backpack equity at IPO, plus lower trading fees, extra USD yield, free wires, and more. Real skin in the game and currently over 60% of tokens are staked. I think this staking for equity is somewhat revolutionary. The team gets nothing unless the company actually IPOs. ZERO allocation to VCs at launch. 4. 🫥attractive valuation: Backpack currently trades under 600m FDV. Binance and Hyperliquid trade at 60B++. Crypto.com around 6b which would be a 10x. While I dont think this is going to flip Binance I still think this illustrates that there is some nice upside potential. 5. 📈REAL stock trading/investing! Not synthetic. Not CFDs. Real shares with dividends and shareholder rights, same legal standing as holding at Schwab or IBKR. You can buy TSLA on a sunday morning and have them transfer it to your IBKR account if you decide to do so. ⚠️Those were the positives. Now to the stuff which isnt great: They still lack proper US licensing and are only present in 11 states. Also lacking licensing in UK, Germany, Australia, or Singapore but I am sure that they are working on it. Coin selection is quite thin compared to something like Binance and the exchange obviously doesn't have a big track record.

The biggest issue I see is the friction that their hyper regulation approach brings with it. For instance even though they have a license in Dubai I was neither allowed to buy nor stake the BP token. Only after changing my location to my other residence in Manila I unlocked those features. And this friction will exist in alot of different countries imo. That is/was the thesis. New exchange with attractive valuation which is hungry for more. ✍🏽 Whats in it for me: For me a new exchange is obviously very interesting from an affiliate standpoint because I can still generate alot of signups. I dont think there is any better income source than reflinking exchanges. Even though I am a smol influencer especially during bullmarkets this can have mid 5 fig EV for me. However with new exchanges you always take alot of risk because they almost always start fairly scammy. There were times were bybit and binance were considered the most scummy exchanges for instance. My goal here is to give back alot to signups. I will get 35% cashback for 2 months which i will give 100% to signups. So I will make zero from this the first 2 months. My only goal is to get as many signups as possible. Even if you dont intend to use backpack any signup will help me. Then after 2 months they will review my performance and I will also change numbers so I start earning. The golden rule is I give at least 50% to signups always no matter what. If they put me on 25% i'd probably give back 15% to signup for instance but always at least 12.5%. backpack.exchange/join/cryptoplay 👀disclaimer: As I said I am currently building a position of BP (which is also not trading on ANY top tier exchanges yet) & I also am holding 5 figure amount of USD for earning yield on the exchange so I do have some skin in the game. Nevertheless like with any crypto product please make sure to not overexpose yourself! good luck to us, cheers🎒🎒🎒 pps: i might have some more gimmicks the coming days

Agreed, in a couple of months inshallah

@imshillgates ZERO

When you hear Pulsechain, what is the first word that comes to mind?

Watching these coins go parabolic on other blockchains makes me so excited for when it happens on PulseChain.

@Barchart Probably nothing

SK Hynix has now plunged 40% from its all-time high just a few weeks ago 📉📉

@lookonchain Probably nothing

The #USgovernment wallets deposited 3,941 $BTC($244M) and 30,007 $ETH($53.09M) into #CoinbasePrime over the past 8 hours. arkm.com/explorer/entit…

@yourfriendSOMMI EVERYTHING YOU TOUCH TURNS TO SHIT😭😭😭

❤️💛💚💙 Ethereum has painfully round-tripped 9 years of gains against Nasdaq. ETH-NASDAQ ratio is the same price as June 2017. I hope this is the ultimate bottom, because it's been a Lost Decade here.

@yourfriendSOMMI I remember wen you shilled this at 3 cents lmfao

❤️💛💚💙 A Journey to Remember

@yourfriendSOMMI Would be worse for the chain if ud be bullish #iykyk

❤️💛💚💙 RobinHood top signal just pinged

@yourfriendSOMMI 2025 pico top was filled with posts like these

❤💛💚💙 This is what the bottom of Crypto 2022 bear market was like. Dead. Contrarian helps in Investing. Don't be scared to Fade the Crowd.

@DripKryp @grok @yourfriendSOMMI Probably nothing

@TimStone84 @grok @yourfriendSOMMI Because his coins made a new atl again today on the pls/eth

❤️💛💚💙 🚨 JUST IN 🚨 🩸 KOSPI is down -12% today. 🇰🇷 KOSPI is the South Korea Index, and went up +300% in a straight line due to the fact that it's Not Crypto. 🍼 Did Korea stop playing StarCraft and instead pick up SoyCraft? 👉 It's just a volatile retracement, as you can see from the chart. They ran up due to the massive AI boom. 💸 Korea Factory workers making $50K on the floor are all receiving $400K bonuses this year, due to the Free Money Wealth generated from AI. Every industry in the world has benefited, except Crypto.

@ChrisBaker100x @yourfriendSOMMI Not so sure about that brother #harrypotterobamasonic10inu

@TimStone84 @yourfriendSOMMI His largest bag in DCA is Bitcoin. Even though he publicly said many times "you can't get rich off of Bitcoin".

❤️💛💚💙 The Crowd is poor. And they're terrible at making decisions to positively impact their future. 🟡 Therefore, you should be weary of following The Crowd, for just about all aspects of life. Crypto Markets are punishing if you follow the crowd.

@KielerFinanzen Basiert

#Gesundheit Ja, ich bin eitel. Wahrscheinlich sogar sehr. Aber das ist nicht der Grund, warum ich mit 61, 9 Jahren so aussehe. Ich habe vor einigen Jahren eine Entscheidung getroffen: möglichst gesund alt werden. Gerade bei Männern: jeder Zentimeter am Bauch zuviel sorgt für multimorbide Krankheiten. Bluthochdruck, Diabetis, Herzprobleme, Kurzatmigkeit. Liegst Du als Mann beim Taillenumfang über 94 cm, bist Du schon im Risiko … Der „Standard-Hausarzt“ verschreibt Dir gerne Medikamente dagegen. Die kannst Du dann die nächsten 20 -30 Jahre nehmen. Big-Pharma freut sich über „Abo-Kunden“. Die wirklich guten Ärzte haben in den letzen Jahren umgedacht: gute, natürliche Ernährung, guter regelmäßiger Schlaf, etwas Cardio und regelmäßige Muckibude bis ins hohe Alter geben Dir bis zu 10 gesunde Jahre im Alter MEHR! Ich habe das selber ausprobiert: bis heute keine Medikamente, Top-Blutdruck, perfekte Blutwerte. Und ja, es ist Arbeit. Man muss sich damit beschäftigen, sich informieren und es tatsächlich umsetzen. Und - nach relativ kurzer Zeit sieht man Erfolge - die Spass machen und motivieren. Leider sieht man auf den Strasse meist Ü50 oder Ü60 mit „dünnen Beinen und dickem Bauch“ und in den Hausarztpraxen auch, wenn sie sich die vielfältigen Rezepte abholen … Also - sei lieber eitel. Vor allem im Alter! 😉 Das sollte es Dir wert sein. @DocGlitz Zustimmung?